Exam 2: The Recording Process
Exam 1: Accounting in Action240 Questions
Exam 2: The Recording Process207 Questions
Exam 3: Adjusting the Accounts261 Questions
Exam 4: Completing the Accounting Cycle239 Questions
Exam 5: Accounting for Merchandising Operations246 Questions
Exam 6: Inventories232 Questions
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Exam 8: Fraud, Internal Control, and Cash230 Questions
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Exam 13: Corporations: Organization and Capital Stock Transactions204 Questions
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Exam 15: Long-Term Liabilities209 Questions
Exam 16: Investments188 Questions
Exam 17: Statement of Cash Flows215 Questions
Exam 18: Financial Statement Analysis224 Questions
Exam 19: Managerial Accounting206 Questions
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Exam 23: Budgetary Planning214 Questions
Exam 24: Budgetary Control and Responsibility Accounting213 Questions
Exam 25: Standard Costs and Balanced Scorecard244 Questions
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Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction.
1. Barry Cain invested $38000 cash to start an appliance repair business.
2. Hired an employee to be paid $500 per week starting tomorrow.
3. Paid two years' rent in advance $10800.
4. Paid the worker's weekly wage.
5. Recorded revenue earned and received for the week $2900.
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Haselhof Company purchases equipment for $2400 and supplies for $700 from Behrman Co. for $3100 cash. The entry for this transaction will include a
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The double-entry accounting system is the basis of accounting systems
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At October 1 2016 Medina Co. had an accounts payable balance of $50000. During the month the company made purchases on account of $35000 and made payments on account of $48000. At October 31 2016 the accounts payable balance is
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